Usa – Iridium Jazz http://iridiumjazz.com/ Fri, 24 Jun 2022 04:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://iridiumjazz.com/wp-content/uploads/2021/07/default1-1.png Usa – Iridium Jazz http://iridiumjazz.com/ 32 32 Open the clubs for spy music and loonies https://iridiumjazz.com/open-the-clubs-for-spy-music-and-loonies/ Fri, 24 Jun 2022 04:00:00 +0000 https://iridiumjazz.com/open-the-clubs-for-spy-music-and-loonies/ The big shows at the CGI Rochester International Jazz Festival at Parcel 5 downtown were hard to miss, with bass echoing from the surrounding buildings. The Booker T Soul Review packed the spot Thursday; music is comfort food for the soul. But you have to open the clubs, like a squirrel shoving an acorn, to […]]]>

The big shows at the CGI Rochester International Jazz Festival at Parcel 5 downtown were hard to miss, with bass echoing from the surrounding buildings. The Booker T Soul Review packed the spot Thursday; music is comfort food for the soul.

But you have to open the clubs, like a squirrel shoving an acorn, to find a treat like New York’s Big Lazy.

“Don’t worry,” guitarist Steve Ulrich assured the packed house of the Montage Music Hall. “Everything will be alright.”

Ulrich and his trio, Big Lazy, were already deep into their first set Thursday by the time they arrived at this track, “Dear Trouble,” a brooding soundtrack of guitar, drums and bass.

As far as instrumental trios go, this one was dark. But it was OK. An intriguing soundtrack, with Ulrich turning up the reverb and echo effects on his guitar to 10. Crime surfing.

Sinister. But it was OK. Unsurprisingly, these guys are big fans of Tom Waits’ junkyard mentality. “Highway twang”, Ulrich called him. Driving music, with the top down. For special effects, Big Lazy drifted no further than bowed bass on a song, or Ulrich playing lap-slide guitar (more properly pronounced “gee-tar”).

Dark movie. Ulrich composes soundtracks; he did a few for HBO. They released John Lennon’s “Girl,” although it wasn’t particularly recognizable because “we put it through our weird little filter,” Ulrich said. Indeed, “Girl” came out as a sort of tarantella lullaby, with a break for chaos in the middle. Similarly, Ulrich identified “Night Train” as “roadhouse blues”. Maybe it was the old Jimmy Forrest song, but… maybe not.

Yes, intrigue. But it was okay. “Spy music,” Ulrich suggested, setting up the story of how the longtime band had initially called themselves Lazyboy, until recliner manufacturers hit them with an order to stop. and abstain.

These are the kinds of artistic hurdles our musicians face today.

Big Lazy plays two sets Friday night at the Little Theater.

Today’s jazz haiku

life like a movie

riffs as character studies

notes in black and white

Dissection of Hans Bilger

If you remember dissecting a frog in high school biology class, that’s what we were looking for from the Hans Bilger group at the Little Theater. According to his biography, he had studied evolutionary biology at Yale and incorporated the sounds of nature – birds, bats and frogs – into his music.

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CGI Rochester International Jazz Festival

Hans Bilger.

Alongside Ivy Leaguer Bilger, it was a witty trio. The electric guitarist composes classical music. The drummer is a poet.

Bilger is originally from Brooklyn and now divides his time between New York and Austin, Texas. He said he came to the Rochester Jazz Festival several times over the years, seeing musicians such as drummer Brian Blade and pianist Cedar Walton.

Usually playing acoustic guitar, Bilger would pick up a double bass when inspiration called for it. “Same Dream,” he said, was inspired by the pandemic, “when repetition seemed more frequent.” Bilger said he was inspired by a walk along the Columbia River Gorge in Oregon. It was inspired by a girl, Maria.

There was talk of a loonie. The inspiration of birds, bats and frogs seemed overplayed. Or maybe they just set the mood, like car trouble does for Tom Waits. Instead, dissect Bilger and what we find is a sensible independent hero.

Preview: Julia Nunes Brings Home the Bacon and The Bacon Brothers

It took Julia Nunes six years to go from strumming her ukulele as she sat on her bed at Skidmore College to sitting in a chair next to Conan O’Brien on the set of his ending talk show evening.

That long independent fan-fueled journey for the Fairport native, which began in 2007, comes home Friday, when she opens for The Bacon Brothers for a free show at Dr. Martin Luther King Jr. Memorial Park.

Nunes’ career has spanned seven albums of often original songs, driven by savvy use of social media. She first caught fire playing her uke in her dorm room, covering songs from familiar acts such as the Beatles and Destiny’s Child and posting them to YouTube. Some of its versions on the platform have exceeded one million views. His YouTube channel has over a quarter of a million subscribers.

Julia in Rochester

Summer Engman

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Provided by CGI Rochester International Jazz Festival

Julia Nunes.

Nunes previously opened for The Bacon Brothers, the acoustic project led by actor Kevin Bacon and his brother, Michael. She’s also opened for Ben Folds and Ben Kweller, performed twice at the Bonnaroo Music & Arts Festival, chatted with David Dye at NPR’s “World Café,” and toured England twice, including being interviewed on BBC1.

Nunes operates on a DIY philosophy. His loyal fanbase donated $77,888 via Kickstarter to fund his fourth album, “Settle Down,” which rose to No. 9 on Billboard’s Independent Albums chart. Subsequent YouTube campaigns grossing $134,403 and $71,025 supported his next two albums.

The videos have also been part of the Nunes story. “Stay Awake,” the song she performed on O’Brien’s show, shows her walking through an office, playing mischievous tricks on sleeping employees, then performing in front of a sleeping audience.

As her songs became less cute and more empowering, so did her videos. Now living in Los Angeles, Nunes identifies as queer, and the video for “No Sudden Moves” shows her lounging with another woman in a tub filled with glass beads. The video accompanying “Dear Ben” is awash in pink imagery – balloons, flowers, candy hearts – as it issues a sweet, heavy-handed warning about some overriding obscenity that Ben had better not try to romance her anymore. .

Nunes continues at 7 p.m.; The Bacon Brothers at 9 p.m.

Schedule changes

Davina & the Vagabonds joined the list of jazz festival bands who had to drop out due to travel, illness or COVID issues. The John Bailey Quintet performs in their place Friday at the Innovation Theater and Saturday at Montage, Grace Serene & The Superclean.

And for Saturday’s Drum Battle at the Innovation Theater, Justin Faulkner replaces Kenny Washington.

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CGI Rochester International Jazz Festival

Joe Locke.

Jeff’s Friday Picks

  • Joe Locke Group, Temple Theatre, 7 and 9:15 p.m. One of the world’s finest jazz vibraphonists, Locke grew up in Rochester and learned his jazz in the clubs here. But he is also attentive to the moment. Locke’s website currently features a video that combines Bob Dylan’s “All Along the Watchtower,” his own “Breathe,” and the lyrics of Frederick Douglass into a powerful condemnation of today’s racism.
  • The New Power Generation plays Prince Music, Plot 5, 9 p.m. The late Prince’s backing band alumni kept the music alive. Expect a big crowd and a big party, comparable to what we saw on Wednesday night when Sheila E performed in the venue.
  • Bobby Rush, Hyatt Regency Ballroom, 7:45 and 9:45 p.m. Now in his eighties, the blues guitarist’s latest album won a Grammy for Best Traditional Blues Album.
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Lokyata Announces Systems Integration with Infinity Software, Bringing Enhanced Loan Decision Capabilities to Lending Institutions https://iridiumjazz.com/lokyata-announces-systems-integration-with-infinity-software-bringing-enhanced-loan-decision-capabilities-to-lending-institutions/ Thu, 23 Jun 2022 13:57:00 +0000 https://iridiumjazz.com/lokyata-announces-systems-integration-with-infinity-software-bringing-enhanced-loan-decision-capabilities-to-lending-institutions/ WASHINGTON–(BUSINESS WIRE)–Lokyataa company specializing in providing products that digitize, automate and adapt lenders’ credit decisions, announced that its real-time automated credit decision tool, BankAnalysisis now integrated into infinite software. Infinity Software has been providing software solutions to direct-to-consumer lenders for 20 years and has enabled over 700 businesses to centralize their lending operations through a […]]]>

WASHINGTON–(BUSINESS WIRE)–Lokyataa company specializing in providing products that digitize, automate and adapt lenders’ credit decisions, announced that its real-time automated credit decision tool, BankAnalysisis now integrated into infinite software.

Infinity Software has been providing software solutions to direct-to-consumer lenders for 20 years and has enabled over 700 businesses to centralize their lending operations through a single platform. Infinity offers website design, optimized loan agreements, automated underwriting waterfalls, accurate localization, and a variety of consumer loan products. Its configurable loan product engine further helps clients maximize revenue with advanced accounting and reporting, an integrated collections suite, and anti-theft access controls.

Through API API integration with Lokyata, Infinity Software customers will have access to additional and valuable loan decision data and insights, including analysis of bank statements authorized by the customer, such as the average monthly net income; The minimum balance; Average monthly loan payments; and Notifications of Insufficient Funds (NSF). Additionally, lenders will be able to easily set up automatic funding and denial rules, further streamlining the loan decision process.

“Infinity has worked with hundreds of vendors to meet the needs of lenders in our space,” said Shannon Lee, chief product officer at Infinity. “Lokyata has proven to have a unique product that helps lenders better meet the needs of underserved borrowers and grow their business in a responsible and innovative way.”

“At Lokyata, we are always looking to work with market innovators and Infinity Software demonstrates the value of modern, scalable technology in an evolving lending ecosystem,” said Steve Bireley, CTO at Lokyata. “Increasingly, lenders are looking for ways to responsibly help more consumers access credit, and through tools like BankAnalyze and Infinity Software’s platform, more lenders are achieving that goal with hit.”

About infinity

Infinity is the leading alternative credit lending LMS and has been serving the industry for 20 years. Lenders on the Infinity platform have the ability to automate day-to-day tasks such as loan underwriting, payment processing, and debt collection. Infinity offers a wide range of loan products, such as installment loans, lines of credit and short-term consumer loans. Authorized to work with state-registered lenders and tribal lenders, Infinity does business in the United States and Canada. Infinity is constantly innovating and improving to better pursue its mission of “giving lenders the freedom to grow”. For more information, visit www.infinitysoftware.com or email nwilson@infinityels.com

About Lokyata

Lokyata’s global headquarters are in Washington DC with offices in Europe, India and Latin America to serve its global customer base of banks, non-bank financial companies, credit bureaus and fintech lenders. Lokyata’s deep experience in lending and credit risk, combined with a strong practice of data science, a pragmatic approach to data strategy, and a scalable AI-powered platform, deliver results. measurable in terms of increased loan approval rates, lower default rates and improved financial margins. For more information, visit www.lokyata.ai or email jd@lokyata.com.

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Analyst-Boosted Third Quarter 2022 EPS Estimates for Bancorp, Inc. Clients (NYSE:CUBI) https://iridiumjazz.com/analyst-boosted-third-quarter-2022-eps-estimates-for-bancorp-inc-clients-nysecubi/ Mon, 20 Jun 2022 05:18:41 +0000 https://iridiumjazz.com/analyst-boosted-third-quarter-2022-eps-estimates-for-bancorp-inc-clients-nysecubi/ Customers Bancorp, Inc. (NYSE: CUBI – Get a rating) – B. Riley analysts raised their third-quarter 2022 earnings estimates for Customers Bancorp stock in a research report delivered to clients and investors on Friday, June 17. B. Riley analyst S. Moss now expects the bank to post earnings of $2.16 per share for the quarter, […]]]>

Customers Bancorp, Inc. (NYSE: CUBI – Get a rating) – B. Riley analysts raised their third-quarter 2022 earnings estimates for Customers Bancorp stock in a research report delivered to clients and investors on Friday, June 17. B. Riley analyst S. Moss now expects the bank to post earnings of $2.16 per share for the quarter, up from its previous estimate of $2.01. The consensus estimate of Customers Bancorp’s current annual earnings is $7.82 per share. B. Riley also released estimates for Customers Bancorp Q4 2022 earnings at $2.24, FY2022 earnings at $8.25, Q1 2023 earnings at $2.11, Q2 2023 at $2.12 and Q3 2023 earnings at $2.13.

CUBI has been the subject of several other reports. Stephens began covering Customers Bancorp shares in a Monday, March 28 report. They issued an “equal weight” rating and $62.50 price target on the stock. StockNews.com supposed coverage of Customers Bancorp in a Thursday, March 31 research report. They issued a “hold” rating for the company. Maxim Group reaffirmed a “buy” rating and published a price target of $85.00 on Customers Bancorp stock in a research report on Friday, April 29. Finally, Keefe, Bruyette & Woods upgraded Customers Bancorp from a “market performer” rating to an “outperformer” rating and raised its price target for the company from $72.00 to $80.00. in a Monday, March 28 research report. Four equity research analysts rated the stock with a hold rating and five gave the company a buy rating. According to data from MarketBeat.com, Customers Bancorp currently has a consensus rating of “Buy” and an average price target of $72.36.

Shares of CUBI opened at $34.36 on Monday. The company has a market capitalization of $1.13 billion, a P/E ratio of 3.43 and a beta of 1.58. Bancorp Clients has a 12-month low of $32.19 and a 12-month high of $76.13. The company’s 50-day moving average price is $40.79 and its 200-day moving average price is $53.29. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt ratio of 0.15. Bancorp Customers (NYSE: CUBI – Get a rating) last released its quarterly earnings data on Wednesday, April 27. The bank reported earnings per share (EPS) of $2.19 for the quarter, beating the consensus estimate of $1.66 by $0.53. The company posted revenue of $185.90 million for the quarter, versus analyst estimates of $170.48 million. Clients Bancorp had a net margin of 40.14% and a return on equity of 30.79%.

Separately, CEO Samvir S. Sidhu acquired 2,965 shares in a transaction dated Friday, May 6. The shares were acquired at an average cost of $42.10 per share, with a total value of $124,826.50. Following completion of the transaction, the CEO now owns 80,637 shares of the company, valued at approximately $3,394,817.70. The purchase was disclosed in a document filed with the SEC, accessible via this link. Additionally, Chief Financial Officer Carla A. Leibold acquired 1,000 shares in a transaction dated Friday, May 6. The shares were purchased at an average cost of $42.10 per share, with a total value of $42,100.00. Following the completion of the transaction, the CFO now owns 68,348 shares of the company, valued at approximately $2,877,450.80. Disclosure of this purchase can be found here. In the past three months, insiders have purchased 4,465 shares of the company valued at $186,912. Company insiders own 10.23% of the company’s shares.

A number of institutional investors and hedge funds have recently changed their positions in the stock. Walleye Capital LLC acquired a new position in Customers Bancorp in the first quarter worth approximately $361,000. EJF Capital LLC increased its holdings in Customers Bancorp by 71.4% in the first quarter. EJF Capital LLC now owns 120,000 shares of the bank valued at $6,257,000 after purchasing an additional 50,000 shares in the last quarter. Toroso Investments LLC increased its holdings in Customers Bancorp by 7.0% in the first quarter. Toroso Investments LLC now owns 238,945 shares of the bank valued at $12,459,000 after buying an additional 15,560 shares last quarter. BNP Paribas Arbitrage SA increased its stake in Customers Bancorp by 39.8% in the first quarter. BNP Paribas Arbitrage SA now owns 28,306 shares in the bank valued at $1,476,000 after buying an additional 8,054 shares last quarter. Finally, Point72 Hong Kong Ltd increased its stake in Customers Bancorp by 1,062.7% in the first quarter. Point72 Hong Kong Ltd now owns 5,988 shares in the bank valued at $312,000 after buying an additional 5,473 shares last quarter. 83.48% of the shares are held by hedge funds and other institutional investors.

About Bancorp Customers (Get a rating)

Customers Bancorp, Inc operates as a banking holding company for Customers Bank which provides financial products and services to individuals and small and medium businesses. The Company offers deposit products, including checking, savings, MMDA and other deposit accounts. It offers lending products, including commercial warehouse mortgages, multifamily and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgages and installment loans.

Further reading

Profit history and estimates for Bancorp customers (NYSE: CUBI)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Customers Bancorp right now?

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Although Customers Bancorp currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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After a two-year hiatus, Rochester takes up jazz https://iridiumjazz.com/after-a-two-year-hiatus-rochester-takes-up-jazz/ Fri, 17 Jun 2022 09:00:00 +0000 https://iridiumjazz.com/after-a-two-year-hiatus-rochester-takes-up-jazz/ Road crews filled cracks and potholes on East Avenue and Gibbs Street. It’s just a sign that it’s time for the CGI Rochester International Jazz Festival. Any other signs besides the reduced threat of twisted ankles? Huge tents go up on East, Gibbs, East Main Street and the downtown grazing area of ​​Parcel 5, all […]]]>

Road crews filled cracks and potholes on East Avenue and Gibbs Street. It’s just a sign that it’s time for the CGI Rochester International Jazz Festival.

Any other signs besides the reduced threat of twisted ankles?

Huge tents go up on East, Gibbs, East Main Street and the downtown grazing area of ​​Parcel 5, all ready for the music. Food trucks fill up with gas. And a whole city is looking forward to nine days of jazz haiku submitted by the WXXI Arts & Life team.

Many music fans — and people who just like to see a city’s downtown used to its best potential — have patiently waited two years of pandemic shutdown for this. This is reflected in the fact that many people who purchased their Club Passes for the 2020 festival have kept them for the time being.

“We had single-digit responses for refunds,” says Marc Iacona, co-producer and executive director of the festival.

He calls Club Pass holders “a connected crowd”. But they will only be pending for so long. Patience has its limits.

“Two years is patience,” says Iacona. “Third year, if we didn’t have one…”

Marc Iacona, Executive Director of the Rochester International Jazz Festival, talks about the 27 free shows taking place at Parcel 5 during the 2022 festival during an announcement at the Theater at Innovation Square.

It’s hard to predict what harm out of sight, out of mind, could do to the mojo of such an event. Organizers estimate it drew more than 208,000 people in 2019. This is record attendance for the jazz festival, recognized as one of the best events of its kind in the country.

“We had to do it,” Iacona says of the decision he and co-producer and artistic director John Nugent made to go ahead with this year’s festival. “Not just for the community, John and I had to do it for us. Because you come to a crossroads and say… what do we do now? Is it really going to happen again, isn’t it? So it’s really crucial that it happened.

This year’s jazz festival, on the 19th, will have a completely different face. No more Kodak Hall to Eastman Theater shows. The same goes for the two free outdoor stages at either end of East Avenue – stages which in recent years have drawn massive crowds to the closed streets, an iconic image of the jazz festival. All of this energy is channeled a few blocks away, to plot 5, off East Main Street.

These are the big changes. Another difference, Iacona suggests, is the mood of the jazz festival audience.

“I think what’s different is that people have kind of been locked up for two years and they’re getting used to going back to events,” he says. “Obviously it started first in theaters and then some small gigs, some small festivals. And now, I think – because things are clearing up a bit in terms of restrictions and regulations – I think people are finally ready to go.

It is more than public boredom that drives such events. Iacona and Nugent rewired the festival to accommodate shifting venues and changing economies. On this last point, it has received substantial public funds from the grant for operators of closed sites.

Chris Botti playing the horn

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CGI Rochester International Jazz Festival

Jazz trumpeter Chris Botti, pictured in this promotional image, will perform opening night.

“We made the decision to say, ‘We’re going to take the majority of this grant and apply it to free programming for the community,'” Iacona says. According to his estimate, 60% of the festival is free.

“We wanted to do the right thing with taxpayers’ money.

Here’s what your money gets you. Nine nights of free shows at Parcel 5. On Friday night, jazz trumpeter Chris Botti will make his fifth appearance at the festival; Iacona, another trumpeter, considers Botti a friend. Botti continues at 9 p.m., after two bands from Rochester: The Dave Rivello Ensemble at 5 p.m. and CMC (it’s Casey Filiaci on piano, bassist Mark Terranova and drummer David Cohen) at 7 p.m.

During the festival, Parcel 5’s main stage will feature The Devon Allman Project (yes, that’s Gregg’s son, playing Allmans originals and music, complete with the band’s old liquid light show), the guitarist Tommy Emmanuel, Spyro Gyra, Robin Thicke, Booker T’s Soul Stax Revue and G Love & Special Sauce. And two evenings that are nods to the late Prince: percussionist Sheila E., plus the New Power Generation playing Prince’s music.

Also free on the last weekend of the festival: the acoustic Bacon Brothers, including actor Kevin Bacon, and Drew Holcomb & the Neighbours. The latter takes the place of Wynonna Judd, who gave up after the recent death of her mother and musical partner, Naomi Judd. Both shows take place at a new venue for the festival, Dr. Martin Luther King Jr. Memorial Park.

THE BACON BROTHERS.jpeg

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CGI Rochester International Jazz Festival

The Bacon Brothers.

On paper, these free shows may not reach the level of previous jazz festival headliners such as James Brown, Dave Brubeck, Oscar Peterson, Jeff Beck and banjo star Steve Martin, who also told a few jokes. But the music is in the ear of the beholder, of course. And Iacona hinted that the festival is considering booking Wynton Marsalis next year.

A disused Gibbs Street, renamed Jazz Street during the festival, remains a vacant stage. The opening night is typical of the offerings, with soul and roots rocker Nikki Hill.

All of these shows are outdoors. “Weather is the wild card, and it always is, pandemic or not,” says Iacona.

“It’s really about the free shows and the weather.”

Will festival attendance, in this season of health concerns, reach the heights of recent years?

“If we had 250,000, fantastic,” Iacona says. “If 150,000, and those people are all happy, that’s just as well for me.”

Familiar scenes such as the Harro East Ballroom, Christ Church and Anthology have disappeared from the map; the jazz festival has not been immune to bickering between the festival and its venues. Uncertainty has been in the air more than the music for the past two years; Bethel Christian Fellowship had been announced as a new location in 2020, but it disappeared from discussion. The following year, the jazz festival announced it would be moving to the Rochester Institute of Technology before the whole idea was quietly dropped.

The new Club Pass venue is the Hyatt Regency Ballroom, which will also host the after-hours jam session. The unique aspect of this place is its two levels: the stage and seats are on the ground floor, and customers can admire the stage from the lobby on the second floor.

TESSA SOUTER

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CGI Rochester International Jazz Festival

Tessa Souter.

Two places may seem new at first glance, but they are simply renamed. Glory House International is the former Lutheran church of the Reformation, showcasing some of the Nordic offerings of years past. However, the first two Glory House nights come to the New York festival: singer Tessa Souter, making her seventh appearance, and the great progressive jazz ensemble NYChillharmonic, which surely gets some sort of best name award.

And the theater in Innovation Square is the old Xerox Auditorium. His Club Pass shows include an opening night with the self-proclaimed California Guitar Trio, and later Stephane Wrembel’s Django Reinhardt-inspired guitar and sassy Davina & the Vagabonds.

Kilbourn Hall returns as a Club Pass venue, showcasing some of jazz’s purest acts, including the Jeremy Pelt Quintet and scat singer Kurt Elling. Max of Eastman Place, the Montage Music Hall, the pristine piano-laden Hatch Recital Hall, roots programming at the Little Theater and the Wilder Room are also back.

Temple Theater has a handful of returning favorites, including singer Robin McKelle and world-renowned vibraphonist Joe Locke, who both grew up in Rochester. Locke is here for the seventh time. Guitarist Bill Frisell is also on hand, making his ninth jazz festival appearance.

The Rochester Regional Health Big Tent also returns as a Club Pass venue, with an opening night of charming Western swing jazz from the Hot Club of Cowtown.

The revival of the festival is what Iacona says he hopes will be “a catapult to better times”.

The full range, plus three- and nine-day Club Passes, are available at rocksterjazz.com.

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Salisbury Bancorp, Inc. (NASDAQ:SAL) Sees Significant Short-Term Interest Growth https://iridiumjazz.com/salisbury-bancorp-inc-nasdaqsal-sees-significant-short-term-interest-growth/ Wed, 15 Jun 2022 19:11:35 +0000 https://iridiumjazz.com/salisbury-bancorp-inc-nasdaqsal-sees-significant-short-term-interest-growth/ Salisbury Bancorp, Inc. (NASDAQ: SAL – Get a rating) saw strong growth in short-term interest during the month of May. As of May 31, there were short interests totaling 4,700 shares, up 42.4% from the May 15 total of 3,300 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading […]]]>

Salisbury Bancorp, Inc. (NASDAQ: SAL – Get a rating) saw strong growth in short-term interest during the month of May. As of May 31, there were short interests totaling 4,700 shares, up 42.4% from the May 15 total of 3,300 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 2,500 shares, the short interest ratio is currently 1.9 days.

Salisbury Bancorp’s stock traded down $0.13 during Wednesday’s trading, hitting $51.68. 689 shares of the company were traded, against an average volume of 2,635. The company’s 50-day moving average is $32.10 and its two-hundred-day moving average is $28.86. The company has a debt ratio of 0.23, a quick ratio of 0.90 and a current ratio of 0.90. Salisbury Bancorp has a 52-week low of $46.13 and a 52-week high of $59.90. The company has a market capitalization of $149.15 million, a price-earnings ratio of 9.61 and a beta of 0.76.

Shares of Salisbury Bancorp will split on Friday July 1. The 2-1 split was announced on Friday July 1. The newly issued shares will be issued to shareholders after the closing bell on Friday, July 1.

Salisbury Bancorp (NASDAQ:SAL – Get a rating) last released its results on Wednesday, April 20. The bank reported EPS of $0.62 for the quarter, missing the consensus estimate of $0.73 per ($0.11). Salisbury Bancorp had a return on equity of 11.40% and a net margin of 27.34%. The company posted revenue of $13.40 million in the quarter, versus a consensus estimate of $13.80 million. Analysts expect Salisbury Bancorp to post an EPS of 5.61 for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 27. Shareholders of record on Friday, May 13 received a dividend of $0.16. This represents an annualized dividend of $0.64 and a yield of 1.24%. The ex-dividend date was Thursday, May 12. Salisbury Bancorp’s dividend payout ratio (DPR) is 23.79%.

In other news from Salisbury Bancorp, EVP Steven M. Essex sold 700 shares of the company in a trade on Wednesday, June 8. The stock was sold at an average price of $52.12, for a total value of $36,484.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares of the company, valued at approximately $26,060. The sale was disclosed in a legal filing with the Securities & Exchange Commission, available at this hyperlink. Insiders hold 8.79% of the shares of the company.

A number of hedge funds and other institutional investors have recently bought and sold shares of SAL. MCF Advisors LLC bought a new position in Salisbury Bancorp in Q1 worth around $25,000. Asset Dedication LLC bought a new position in Salisbury Bancorp in Q1 worth around $33,000. Magnolia Capital Management Ltd. bought a new position in Salisbury Bancorp in Q4 worth around $59,000. Royal Bank of Canada increased its position in Salisbury Bancorp by 1,007.3% in the third quarter. Royal Bank of Canada now owns 1,517 shares of the bank worth $77,000 after buying an additional 1,380 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Salisbury Bancorp in Q4 worth around $200,000. Hedge funds and other institutional investors own 23.11% of the company’s shares.

Separately, StockNews.com supposed coverage of Salisbury Bancorp shares in a Tuesday research note. They set a “hold” rating for the company.

Salisbury Bancorp Company Profile (Get a rating)

Salisbury Bancorp, Inc operates as a bank holding company for Salisbury Bank and Trust Company which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various deposit products to individuals and businesses. The company also provides loans, such as residential and commercial real estate loans; building loans; working capital loans; equipment loans; and consumer loans, including home equity loans and lines of credit, secured loans, and auto and personal installment loans.

See also

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Salisbury Bancorp right now?

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MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Salisbury Bancorp was not on the list.

While Salisbury Bancorp currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

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New iPhone Buy Now Pay Later button in iOS 16 takes on Affirm and Amazon: How it works https://iridiumjazz.com/new-iphone-buy-now-pay-later-button-in-ios-16-takes-on-affirm-and-amazon-how-it-works/ Sat, 11 Jun 2022 11:15:06 +0000 https://iridiumjazz.com/new-iphone-buy-now-pay-later-button-in-ios-16-takes-on-affirm-and-amazon-how-it-works/ This story is part WWDC 2022CNET’s full coverage from and about Apple’s annual developer conference. What is happening Apple has announced a new free funding feature in Apple Wallet that lets you pay for your purchases for free over time. why is it important As inflation continues to impact households, “buy now, pay later” services […]]]>

This story is part WWDC 2022CNET’s full coverage from and about Apple’s annual developer conference.

What is happening

Apple has announced a new free funding feature in Apple Wallet that lets you pay for your purchases for free over time.

why is it important

As inflation continues to impact households, “buy now, pay later” services have become a popular payment option, and Apple’s entry will likely become a major player.

And after

Apple Pay Later will launch with the release of iOS 16, scheduled for September 2022.

Short-term installment loans called “Buy now, pay later” The services offer consumers an easy way to repay their purchases over time, usually without fees or interest. At this week Worldwide Developers ConferenceApple has announced its own buy now, pay later product, Apple Pay Later, which will officially launch with the release of the new iOS 16 for iPhone in September. As a new feature in Apple Wallet, Apple Pay Later will allow you to split the cost of certain goods and services into four payments over six weeks at no cost.

Apple Wallet is the iPhone’s digital wallet application that provides three main services: Apple Pay, Apple Card and Apple Cash. Apple Pay lets you store debit and credit cards and make purchases online or at businesses; Apple Card is a credit account issued by MasterCard and Goldman Sachs that works like a standard digital credit card; and Apple Cash enables peer-to-peer payments.

Apple’s foray into free funding comes at a time when many retailers are accepting payments from BNPL apps such as Affirm, Klarna or Afterpay. Most of these apps offer similar short-term interest-free payment plans, while others also offer longer installment plans with varying interest rates.

We’ll share everything there is to know about Apple Pay later in this article, including how it will work, where it will be accepted, and when it will be available. Apple unveiled Pay Later and iOS 16 alongside new versions of his MacBook and iPad. Here is everything Apple announced at WWDC.

How does Apple Pay Later work?

Apple Pay Later lets you split the cost of purchases into four equal payments spread over six weeks. The first payment is due when you make your purchase, and the remaining payments are due every two weeks thereafter.

Once Apple Pay Later is released, you’ll have two options when completing a purchase: Pay in Full and Pay Later. Selecting the latter option will bring up a payment schedule showing the amount of each of the four payments and the date they are due.

According to Corey Fugman, Senior Director of Wallet and Apple Pay, who spoke about Wallet during the WWDC keynote, Apple Pay Later will be available “wherever Apple Pay is accepted, in apps or online,” indicating that the service may not be available for purchases made in physical stores.

Stores and merchants won’t have to implement changes to accept payments through Apple Pay Later. Transactions will occur as before – the only difference will be how back-end payments are made.

MasterCard payments – the credit card company’s white-label BNPL service – will provide merchant payments for Apple Pay Later. Apple and banking partner Goldman Sachs launched plans for Apple Pay Later in July last year, according to Bloomberg.

When can I use Apple Pay Later on my iPhone?

Apple Pay Later will be included with iOS 16, Apple’s next scheduled operating system update for iPhone. The iOS 16 beta is already available for developers who have an account. In the WWDC keynote, Apple said the first public beta of iOS 16 will be released in July.

Apple has traditionally released its latest operating systems to the public alongside its latest phones, as it did with iPhone 13 and iOS 15 in September last year. iPhone 14 is expected to be released in September this year, and iOS 16 is likely to be released around the same time as well.

How is Apple Pay Later different from Apple Card monthly payments?

Apple Card Monthly Payments is an Apple program that allows you to finance the purchase of some Apple products when using the Apple Card credit card. The length of the 0% APR period for these purchases depends on the product. Installment plans range from six months to two years.

Apple Pay Later is not limited to Apple products nor does it require the use of Apple Card. With Apple Pay Later, you’ll be able to fund purchases using a debit card, Apple said, as long as it’s connected to Apple Wallet. Additionally, the interest-free installment period for Apple Pay Later – six weeks – is much shorter than the payment plans offered by Apple Card monthly installments.

What else is new in Apple Wallet for iPhone?

Another new Apple Wallet feature announced at WWDC is Apple Pay order tracking, which allows merchants to provide customers with detailed receipts and delivery statuses for products purchased through Apple Wallet.

Apple also announced expanded support in Apple Wallet for driver’s license and identity cards. Next Colorado and Arizona IDsApple Wallet plans to add support for 11 more states in the near future.

These driving licenses can be used at certain Transport Security Agency checkpoints. They can also be shared with other apps that require identification, such as alcohol purchases through Uber Eats.

Apple Wallet is also adding key sharing support for locations like hotels, offices, or automobiles. New features will allow users to share keys with friends or associates using email, text messaging or other messaging apps.

Like Apple Pay Later, Apple Pay order tracking, driver’s license and key sharing features will be made available to the public with the full release of iOS 16, due in September 2022.

What other online services allow you to buy now and pay later?

Some existing online payment systems offer short-term “buy now, pay later” financing similar to what Apple Pay Later offers. PayPal’s Pay in 4 program works very much like Apple Pay Later, except purchases are limited between $300 and $1,500.

BNPL App Sezzle also uses a four-payment over six-week system, but allows users to defer one payment up to two weeks later at no cost and to defer other payments for an additional fee.

Other BNPL applications such as To affirm and Klarna offer interest-free installment plans for short periods or longer installment plans that add a variable interest rate.

For more WWDC coverage, read more about the macOS Ventura coming soonNew fitness and workout features for the Apple Watch and all the new features announced for Apple Maps.

Editorial content on this page is based solely on objective, independent assessments by our editors and is not influenced by advertising or partnerships. It was not supplied or commissioned by a third party. However, we may receive compensation when you click on links to products or services offered by our partners.

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Lincoln Square BID Summer Jazz Sensations: The Lineup https://iridiumjazz.com/lincoln-square-bid-summer-jazz-sensations-the-lineup/ Fri, 10 Jun 2022 22:53:44 +0000 https://iridiumjazz.com/lincoln-square-bid-summer-jazz-sensations-the-lineup/ Lincoln Square BID has announced “Summer Jazz Sensations” – a new series that will bring jazz bands to Dante Park (64th and Broadway) every Wednesday in July and August from noon to 1:30 p.m. “The delightful midday music will encourage locals and visitors alike to celebrate the neighborhood, bringing people to the neighborhood where they […]]]>

Lincoln Square BID has announced “Summer Jazz Sensations” – a new series that will bring jazz bands to Dante Park (64th and Broadway) every Wednesday in July and August from noon to 1:30 p.m.

“The delightful midday music will encourage locals and visitors alike to celebrate the neighborhood, bringing people to the neighborhood where they can have local lunch, shop and see all that Lincoln Square has to offer.” These concerts will be the first live shows the Business Improvement District will host during the summer since before the pandemic.

Here is the schedule:

July 6: Gabriele Tranchina Group

Gabriele Tranchina is a jazz singer whose music is peaceful and uplifting at the same time. The texture of the music is transcendent and an emotional connection is Gabriele’s priority with every note she sings. Some call it Latin Jazz, others call it Brazilian Jazz, and still others Jazz Influenced by the World.

July 13: Threesome by Greg Skaff

Greg Skaff has earned a reputation as one of modern jazz’s finest guitarists. Originally from Kansas, New York-based Skaff got his start with a five-year tenure in sax titan Stanley Turrentine’s band and went on to work with many of music’s most legendary names. On his latest album, Polaris (SMK Jazz), Skaff leads a trio of jazz icons Ron Carter and Albert “Tootie” Heath.

July 20: Darrell Green Quartet

Darrell developed his drumming skills in the heart of Oakland, California, and has developed a style rooted in modern post-bop, but retains elements of his gospel and classical lineage. He also co-directs a collaborative project with singer and saxophonist Camille Thurman.

July 27: Luke Franco Quartet

Guitarist Luke Franco carries on the rich tradition of the jazz guitar by gleaning from masters, past and present. The formative years spent with John Abercrombie – his main influence and one of the great innovators – led Franco to develop his own compositional voice. While pursuing a doctorate in musical arts at the University of Miami, he was a teaching assistant in the talented and ambitious guitar studio of John Hart and performed as a featured soloist with the award-winning Concert Jazz Band directed by Grammy winner Jon Daversa alongside guest artists including Gonzalo Rubalcaba and Alan Ferber.

August 3: George Gray Jazz Coalition

George Gray is a world renowned drummer and songwriter born and raised in Baltimore, MD. After college, George became a member of the R&B group Pockets produced by Verdine White of Earth, Wind & Fire, which marked the start of George’s musical career. He played with a list of legends such as Donald Byrd, Angela Bofill, Eartha Kitt, Chuck Berry and George Benson.

August 10: Professors

The teachers are Mark Dziuba, Vinnie Martucci, Jeff “Siege” Siegel & Rich Syracuse. Their life’s work is defined by creating and performing great music and sharing their experiences performing and teaching with budding future jazz musicians. First coming together as a unit in 1994 on guitarist Mark Dziuba’s CD release “Up Until Now”, the unit officially formalized as a quartet once bassist Rich Syracuse joined the band. three more SUNY New Paltz faculty in 2015.

August 17: KJ Denhert Jazz Project

KJ Denhert is an award-winning songwriter, guitarist, singer and bandleader living in Ossining, New York. She is an accomplished artist with a rich history; an Urban Folk & Jazz legend who channels a wide range of influences to create something completely unique. KJ performs in venues around the world and locally, she performed for over two decades at the legendary 55 Bar in Greenwich Village. She has ten CDs under her direction with her latest titled Destiny. Expect a new release in 2023.

August 24: Mala Waldron Quartet

Mala Waldron is a New York born singer/pianist/songwriter rocking shows around the world. His recordings include his first CD, Lullabye, a tribute to his godmother, Billie Holiday, a duet project with his father, the pianist/composer, Mal Waldron (“He’s my father”) and Always There, which in addition to being his first American album released, was licensed by Columbia Records (Japan) and was voted one of JazzUSA’s Top 20 Jazz CDs of 2006.

August 31 : Eric Person Quartet

Renowned saxophonist Eric Person continues to make a strong impression on the jazz scene. He has eleven CDs under his direction, with his latest Blue Vison featuring his heavily blues-influenced playing and songwriting. Eric’s work as a leader is stylistically diverse and fearless. He has also performed with a wide range of performers such as jazz masters McCoy Tyner, Dave Holland, Chico Hamilton, Houston Person, Wallace Roney and many more.

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Mendham Teen Recognized, Awarded New York Jazz Band Competition https://iridiumjazz.com/mendham-teen-recognized-awarded-new-york-jazz-band-competition/ Wed, 08 Jun 2022 16:57:59 +0000 https://iridiumjazz.com/mendham-teen-recognized-awarded-new-york-jazz-band-competition/ MENDHAM, NJ — A West Morris Mendham High School junior won a prize at the 27th Annual Essentially Ellington High School Jazz Band Competition, held at Lincoln Center in New York City. Ginger Meyer, member of the West Morris Mendham Symphony, Wind Ensemble, Jazz Band and Pit Orchestra, recently won the Outstanding Alto Saxophone Award. […]]]>

MENDHAM, NJ — A West Morris Mendham High School junior won a prize at the 27th Annual Essentially Ellington High School Jazz Band Competition, held at Lincoln Center in New York City.

Ginger Meyer, member of the West Morris Mendham Symphony, Wind Ensemble, Jazz Band and Pit Orchestra, recently won the Outstanding Alto Saxophone Award.

The Ellington High School Jazz Band Competition and Festival is one of the most creative jazz educational events in the world. Each year, high school musicians from across North America travel to New York City for three days of workshops, rehearsals, and performances at the “House of Swing,” Frederick P. Rose Hall, home of jazz at the Lincoln Center.

Meyer is the lead alto saxophonist of the Jazz House Kids Big Band, which was named one of 15 finalists in the Essentially Ellington High School Jazz Band competition after competing against more than 80 high school bands from across the country.

Outside of school, Meyer recently auditioned for the 2022 All-State Jazz Ensemble and was chosen as its first president, alto saxophone. Rehearsals will begin in the fall and the concert will take place in October.

The Mayo Performing Arts Center also named her Music Student of the Month last February.

Meyer began playing the piano at the age of six and now studies alto saxophone with Bruce Williams, assistant professor at the Julliard School of Music, and Lou Quagliato, director of visual and performing arts at Westfield.

“A great inspiration comes from studying and listening to the masters of history play with a deeper musical understanding and interpretation and coupled with her other experience in teaching instruments, she became a better and better saxophonist. more mature,” said Pauline Meyer.


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The CFPB highlights the abuses of the military assignment system https://iridiumjazz.com/the-cfpb-highlights-the-abuses-of-the-military-assignment-system/ Tue, 07 Jun 2022 20:10:25 +0000 https://iridiumjazz.com/the-cfpb-highlights-the-abuses-of-the-military-assignment-system/ On June 2, the CFPB job a blog post highlighting abuses within the military award system with respect to automatic recurring military payments. According to the Bureau, the attribution system was put in place to help service members make payments directly from their paychecks, especially when deployed away from home. However, according to the CFPB, […]]]>

On June 2, the CFPB job a blog post highlighting abuses within the military award system with respect to automatic recurring military payments. According to the Bureau, the attribution system was put in place to help service members make payments directly from their paychecks, especially when deployed away from home. However, according to the CFPB, some lenders have abused the attribution system, with some lenders using the system “as a means of prioritizing that lender’s loan repayment over payments of other military expenses.” The Bureau noted that the military has other options for automatic payments that are generally free and provide more legal protections than the award system, and reiterated that the Department of Defense (DoD) has made significant changes. in 2014 that prohibited new allotments to buy, lease, or lease personal property like cars, furniture, and electronics, and “expanded the allotment prohibition in the Military Loans Act (MLA) to include a wider range of credit products, like installment loans, that cannot be repaid by attribution” (MLA Revised Regulations covered by InfoBytes here).

Through consumer complaints and the work of the agency’s Office of Service Member Affairs, the Office said it continues to hear of significant concerns in this space, including that some lenders require service members repay by attribution (a violation of the MLA), and other lenders are partnering with attribution processing banks to create “attribution-funded savings accounts” for service members to evade the protections of the DoD. The blog post highlighted the Office’s commitment to protecting service members from abuse and provided information for service members on filing complaints if they believe they have been treated unfairly by a company through the military adjudication system. .

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DOMi and JD Beck take the Blue Note Jazz Festival by storm with four sold-out performances [Videos/Audio] https://iridiumjazz.com/domi-and-jd-beck-take-the-blue-note-jazz-festival-by-storm-with-four-sold-out-performances-videos-audio/ Sat, 04 Jun 2022 21:04:53 +0000 https://iridiumjazz.com/domi-and-jd-beck-take-the-blue-note-jazz-festival-by-storm-with-four-sold-out-performances-videos-audio/ Booming Jazz Futurists DOMi & JD Beck played four sold-out shows over two days at the famed New York’s Blue Note Jazz Club as part of Blue Note Jazz Festival this week. The young talents have taken the music world by storm since meeting through Sarcastic puppy and Ghost Note drummer Robert Spit Searight. They […]]]>

Booming Jazz Futurists DOMi & JD Beck played four sold-out shows over two days at the famed New York’s Blue Note Jazz Club as part of Blue Note Jazz Festival this week. The young talents have taken the music world by storm since meeting through Sarcastic puppy and Ghost Note drummer Robert Spit Searight. They recently released their debut single, “SMiLE”, via blue note Folders and Anderson Paakit is Apeshit label.

Although still too young to sit at the venue bar, the dynamic duo had no problem filling the historic club four times for an early and late show two nights in a row. With just one song released, they played a mix of mind-blowing originals and jazzy renditions of songs, including the Flintstones theme, J. Dilla“Dillatronic 23”, John Coltrane“Giant Leaps” Jacques Pastorius‘s”Havona”, a mix of songs from MF Doom and madlibit is Madvillain collaboration which also included Knowledge‘s “tm_s not promise”, and a version of “My Favorite Things” dubbed “My Favorite Ballsack”. Many previously unreleased songs have also been given cheeky impromptu titles, including the supposed title track from the band’s upcoming album, “Pussy With Balls.”

“It’s not what it’s called, but we can’t tell you, so it’s a good working title, right?” Beck teased.

Friend, collaborator and band mentor Anderson .Paak was on hand to catch one of the duo’s performances on June 1. In addition to being signed to .Paak’s label, DOMi & JD Beck co-wrote “Skate” on his GRAMMY-winning album with Bruno Mars as Sonic Silk. Robert Glasper was also in the audience, kicking off the Blue Note Jazz Festival with a free show at Washington Square Park which was cut short due to bad weather earlier in the evening.

Check out the full audio and fan-shot videos of DOMi & JD Beck’s June 1 performance at the Blue Note Jazz Festival below.

The duo will also perform at Blue Note Jazz Festival Napa Valley July 30. Click here to buy tickets.

DOMi & JD Beck – “My favorite ball bag”

DOMi & JD Beck – Madvillainy Medley: “Figaro” / “All Caps” / “Rhinestone Cowboy” / “Raid (Intro)” / “Meat Grinder” / “Accordion” / “tm_s not promise” (Knxwledge)

DOMi & JD Beck – “Pussy with Balls”

DOMi & JD Beck – Live at Blue Note Jazz Club – 6/1/22 – Full Audio Show

[Video: Larry Rulz 5]

Setlist: DOMi & JD Beck | Blue Note Jazz Club | New York, NY | 06/01/22

Set: Baby Groot, Smile, Jump, “pussy with balls”, Madvillainy (MF DOOM, Madlib) Medley: Figaro / All Caps / Rhinestone Cowboy / Raid (Intro) / Meat Grinder / Accordion / tm_s not promise (Knxwledge), Havona (Jaco Pastorius), What’s the matter, “My favorite ball bag”, “Wow”, “You can sniff my butt”

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